Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation.

The Office of the Superintendent of Financial Institutions (OSFI) will no longer require banks to apply the mortgage stress test on borrowers who switch lenders if they are simply renewing their ...

In March, the federal Competition Bureau weighed in, saying that those with uninsured mortgages should be able to switch between federally regulated financial institutions without being subjected ...

Canada’s banking regulator will no longer require banks to apply the mortgage stress test to borrowers planning to switch lenders. The Office of the Superintendent of Financial Institutions ...

Mortgage trends for 2024 Here are the current mortgage interest rates and their projected course for the rest of the year. As of September 30, the average annual percentage rate (APR) for a 30 ...

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's ...

Given the high cost of homebuying, a mortgage is necessary for the vast majority of aspiring homeowners. And finding the right lender can make the difference of thousands of dollars — or even ...

18 cut of its benchmark rate means mortgage rates are now likely to dip as well (more on that later). Still, choosing the best mortgage refinance lender is critical. The right lender can help you ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

Given the high cost of homebuying, a mortgage is necessary for the vast majority of aspiring homeowners. And finding the right lender can make the difference of thousands of dollars — or even ...

More than three-quarters of homebuyers took out a mortgage to finance their purchase in 2023, according to the National Association of Realtors. There's an army of lenders out there ...

The mortgage-stress test was introduced in 2018, aimed at slowing both house-price growth and consumer debt levels. The goal is to ensure prospective buyers would be able to afford interest ...